Sam Allard of Axios reports, “The big beneficiary of those subsidies has been Dan Gilbert, who owns the Cleveland Cavaliers but whose Rock family of companies — including real estate arm Bedrock — is headquartered in Detroit.
“Past reporting and personal observations, to say nothing of Cleveland’s enduring poverty, have demonstrated that the trickle-down prosperity envisioned by these projects has not been locally achieved.”
Read more here.
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